16 September, 2019

Incoterms® 2010 / Incoterms® 2020

TRANSPORT

Control the risks and costs of your international transport operations!

ICC incoterms2010 EXW, FCA, CPT, CIP, DAT, DAP, DDP, FAS, FOB, CFR, CIF... 3 letters that tell a lot about your logistics profile!

Is the choice of sales incoterm part of your logistics strategy? Do your suppliers require you to buy incoterm?

The Incoterms® 2010 (International Commercial Terms)have entered into force on 1 January 2011. This latest version has the advantage:

adapt Incoterms to current business practices and global trade developments
facilitate understanding and correct use of incoterms

COMPARATIVE TABLE

INCOTERMS 2000 / INCOTERMS® 2010

table-comparative-incoterms

INCOTERMS® 2010 MULTIMODALS

Distribution of costs and risks between buyer and seller

table-incoterms-2010-multimodal

INCOTERMS® 2010 MARITIMES

Distribution of costs and risks between buyer and seller

tableau-incoterms-2010-maritimes

Main innovations of Incoterms® 2010

11 incoterms instead of 13, for domestic and international trade
End of incoterms DAF / DES / DEQ / DDU for 2 new incoterms : DAP / DAT
Incoterm EXW now recommended for domestic trade, i.e. when there are no customs formalities for export. Example: intra-Community flows
End of the concept of « passage of the basting » For FOB incoterm. The transfer of risks and costs is now carried out when the vessel is on board.
Multimodal incoterms are recommended for the transport of containerized goods
Official recognition of dematerialized documents, provided that they are accepted by the Contracting Parties and in accordance with the requirements
Consideration of supply chain security measures that are developing in the context of global trade.
Greater awareness of parties to avoid double payment of port handling fees

Incoterms® 2020: what's up?

Incoterms® 2020 rules: what changes on January 1st

Source:

Our services & solutions :

Editor:

Managing consent

To provide the best experience, we use technologies such as cookies to store and/or access device information. Consent to these technologies will allow us to process data such as navigation behavior or unique IDs on this site. Failure to consent or withdraw consent may have a negative effect on certain characteristics and functions.

Functional Functional Always enabled

Access or technical storage is strictly necessary for the purpose of legitimate interest in enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of transmitting a communication over an electronic communications network.

Preferences Preferences

Technical access or storage is necessary for the purpose of legitimate interest in storing preferences that are not requested by the subscriber or internet user.

Statistics Statistics

Storage or technical access which is used exclusively for statistical purposes. Storage or technical access which is used exclusively for anonymous statistical purposes. In the absence of a subpoena, voluntary compliance by your Internet access provider or additional third party registrations, the information stored or extracted for this purpose alone cannot generally be used to identify you.

Marketing Marketing

Access or technical storage is necessary to create user profiles in order to send advertisements, or to track the user on a website or on several websites with similar marketing purposes.

Manage options

Managing services

Manage {vendor_count} suppliers

Learn more about these purposes

See preferences

{title}

{title}

{title}